PLDT earlier reported to have poured-in P7 billion worth of investments for TV 5, which in return failed to earn enough to offset the huge investments. TV5, although already gaining grounds in the tv ratings and tv ads market, has still failed to post profits in 2011 with an estimated 9-month net loss of P1 billion.

As a result Parent Company Philippine Long Distance Telephone Co.
(PLDT), one of the country's most valuable listed firms, said on
Thursday its third quarter net income fell 10% from year ago, as group
revenues were partly hurt by a strong peso and high operating expenses of new ventures like TV5.

PLDT said net income in the September quarter
was P9.3 billion ($217.4 million), compared with P10.3 billion a year
earlier.Core net profit, which excludes currency and derivatives-related
items, fell 6% in the third quarter to P9.6 billion. PLDT said it had cut its core profit guidance to P39 billion from
P40.5 billion set early this year. PLDT has lost more than 7% so far this year, underperforming the main
index which gained about 1%.

ABS-CBN Corporation sweeps primetime TV viewership among Philippine households this October with an average national audience share of 42% versus GMA’s 30%, dominating four other key territories in the country, according to Kantar Media.

ABS-CBN ruled the primetime block (6PM to 12MN), when viewing levels peak and advertisers make most of their ad placements, in Metro Manila with an audience share of 35% vs GMA’s 33% as well as in Balance Luzon (areas in Luzon outside Mega Manila) with 44% vs 30%.

In the Visayas and Mindanao, ABS-CBN widens its lead further. 60% of Filipinos watch ABS-CBN shows in the Visayas as against only 19% who tune in to GMA. ABS-CBN’s lead further increased in Mindanao with 61% audience share vs. GMA’s 14%.

ABS-CBN top caliber weekday and weekend programs as well as one-time specials and launches filled 14 out of the Top 15 most watched programs in the said month.

“100 Days to Heaven” continues to be the number one program among Filipino homes in the country with an average national TV rating of 32.4%, followed by weeknight tearjerker and first advocacy series “Budoy” with 27.9%.

“TV Patrol,” the country’s undisputed number one newscast, came in third place with an average TV rating of 27.1%, consistently beating rival “24 Oras,” which lagged behind at 20th spot with 18.8%.

Recently concluded talent-reality show “Pilipinas Got Talent,” which had the Maasinhon Trio as its third grand winner, ended on high note with an average national TV rating of 24.5%. Its final results night garnered an average national TV rating of 32% and even trended on Twitter worldwide.

Meanwhile, Kuya’s return on television via “Pinoy Big Brother Unlimited: The Big Fiesta” also made a strong entrance to the top 10 by instantly placing 9th during its launch with an average national TV rating of 22.9%.

ABS-CBN shifted to Kantar Media/TNS after filing a case vs. AGB Nielsen Media Research for failing to comply with its request to investigate alleged cheating and data tampering in TV ratings. The case is still pending in court.ABS-CBN registered a consolidated net income of P1.7 billion in the first six months of 2011, while GMA Network reported only a P1.05 billion net income in the same period.

5. Lopez Divested Ownership in Meralco to Purchase EDC which is the Largest Geothermal Power Producer in the Philippines and currently 2nd Biggest in the World and to partly pay some maturing debts of First Holdings.

6. NLEX was sold to MVP for 12.6 Billion by Benpres Holdings now Lopez Holdings to pare down debts of Lopez holdings.

7. MAYNILAD was bought by MVP from the gov't since Lopez Group exited their concession with the gov't in 2002.-----------------------------------

Without Lopez Power Generation Companies, Meralco will become useless since meralco is buying power to the lopez companies... Lopez Companies has the first and the biggest Solar Wafer Slicing Company in Batangas and will soon build the very first Solar Power Plant in mindanao, and that will be the asia's biggest solar power plant...__________________________________